Barcelona revenue rises 16 percent to €445.5 million

Barcelona revenue rises 16 percent to €445.5 million

FC Barcelona official website report that the clubs revenue surged by 16 percent to €445.5 million last season compared to the 2008-09 season which was reported as €385 million. Boosted by rising income from marketing, player transfers and loans and the sale of a plot of land.

This figure means that it also exceeds the initially estimated budget of €405 million for the 2009-10 season.

There was however an 18 percent jump in spending to €429 million euros largely due to cash paid out to players in wages and bonuses which amounted to €305 million euros, Club Director General Joan Oliver revealed on Wednesday.

Net profit for the period was €9 million, while net debt has also increased from €215 million in 2003 to €326 this 2010. A net increase in debt of €111 million.

Oliver revealed that the club earned €121 million from marketing, €25 million from the sale or loan of players and €15 million from the sale of a plot at Sant Joan Despi.

In short, the main sources of revenue comes from television rights (38%), marketing (27%), stadium (26%) and the sale or transfer of players, assets (9% ).

Real Madrid became the first team in any sport to post revenue in excess of €400 million euros in a single year in the 2008-09 season, according to an annual survey of the richest soccer clubs by accountancy firm Deloitte.

Deloitte uses its own formula for gauging a club’s annual income based on day-to-day soccer operations and excludes exceptional items like the one-off sale of assets.

Barca could outstrip their arch rivals on the firm’s updated Money League, typically published about nine months after the end of the season.

Joan Oliver also noted that the forecast that the current board had was that, if the transfer of Ivory Coast midfielder Yaya Touré comes to fruition, the club would have 60 million euros in order to make new signings.